Ron Paul’s “Origins of the Fed”


I just stumbled across a great article from Ron Paul called “The Origins of the Fed.”  I believe it was originally included as s section of his book Freedom Under Siege, which was published in 1987 and updated in 2007.  You may read the entire book – yes, the entire book! – here at the Mises Institute in PDF form.  I love the Mises Institute, a fact of which you are all surely aware by now.  They have scads of free books and articles available for download, which is awesome.  Free books = happy brains.

I encourage you to read the article and, if you can find the time and/or feel like buying the book, check out Ron Paul’s book, The Case for Gold, which again was written back in the 1980s but feels every bit as pertinent now as it did when it was written.  I own it, and while I’m not finished – I tend to have about 10 books going at the same time – it is an excellent history of the American banking system, and it provides the reader a lot of insights into why we are in our current financial imbroglio.

If you feel like you can’t afford the book, I’ll make the case: it costs $5 for the digital edition.  Five bucks.  That’s chump change, even in this economy.  Most people spend $5 or more on a McDonald’s meal.  Ron Paul’s thoughts on gold > the Golden Arches.  Even if you don’t agree that the US should be on the gold standard, you should certainly check out the history of our banking system.  It makes sense out of the garbage spouted by the so-called experts they put in front of us on the TV every day.  Hurray for financial common sense!  Hurray for free and cheap-as-free books!

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About The Lady Libertarian
I am American, currently expatriated but hopeful about getting back home one of these days. Besides reading and writing about politics, I enjoy camping, sailing, canoeing, making pie, and traveling. I hope you'll enjoy this blog and find it informative and accessible.

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